Finally, the price hit the resistance (shadow) but could not do this with the body and it decreased again and reached the support area. The stated Targets were Touched .
The support and resistance range is specified for the symbol ( ATOMUSD ) .
As you can see, the 61.8 level worked well as a resistance.
This movement can be seen as a channel flag pattern with the opposite direction, where you see the expected range if the ceiling of the channel is broken. (Of course, if the roof of the channel breaks)
The level of 38.2 is the support for the price, and the level of 61.8 and 88.6 is the resistance for the current price.
As I said, after breaking the 61.8 level, it moved towards the 38.2 level and finally managed to break it, but you have to be careful.
As you can see, the drawn support level worked well.
As you can see, after breaking the middle line of the channel, the price could not reach the ceiling of the channel and it decreased and even traded below the bottom of the channel for a while, but suddenly and with the formation of only one candle, it reached the middle line of the channel. And it was above it for a while, but it decreased again, but this time it...
We can expect the price to decrease to the specified support range for the price. Upcoming resistances for Qayt: the middle line of the channel and the roof of the channel
As you can see, the price reached the support line, but the seller was very excited and broke this level, and now this level has become resistance. According to Fibonacci levels and its important levels, after breaking the 61.8 level and turning it into a support line again, the 38.2 level is a resistance level for the price, and the 88.6 level also plays the role...
As you can see, the price was supported and increased near the indicated legend.
The support line for the price is marked in the SHIBUSDT .
All the mentioned targets were touched for the price.
The first support range and second support as well as a resistance are considered for the price.
As you can see, the price entered the resistance zone twice, but could not turn it into a support zone, and on the other hand, it formed a double top pattern, which, if the neck line is confirmed and broken, the price can decrease as much as the height of the top, and on the other hand, it can be He also drew an upward trend line for it, and in case of failure, he...
As you can see, the price returned to the support range and was supported and even went to the resistance range, but could not enter it and pass it. The last update is published when the price can enter or cross the resistance range.
You can see how the declared support and resistance ranges worked well.
As I said, the price hit the support range again and increased.